Norristown, PA 19401,1200 MARKLEY ST
Norristown, PA 19401,1200 MARKLEY ST
Norristown, PA 19401,1200 MARKLEY ST
4
$735,000
$800,000
8.1%
Est.Price: ?

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0.72 Acres Lot

1200 MARKLEY ST Norristown, PA 19401

Est. payment /mo
SOLD DATE : 07/29/2016

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Key Details

Sold Price $735,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1002737154

Sold Date 07/29/16

HOA Y/N N

Originating Board TREND

Year Built 1928

Annual Tax Amount $15,549

Tax Year 2016

Lot Size 0.718 Acres

Acres 0.72

Lot Dimensions 186

Property Description

Red brick , freestanding industrial building on 2 floors. Street access from both upper and lower levels. Features tailgate on one floor and drive in loading on the other. Both heavy load floors of approximately 14,000 SF each are serviced by a hydraulic freight elevator and 400 AMP 3 Phase power. All windows have been replaced with vinyl insulated , double hung windows; gas heat throughout. Fully sprinklered. Large rear yard with storage sheds. Ample parking. 5000 sf third floor for light storage. Asphalt and built-up roofing systems. Heavy steel frame. Located on the corner of Markley St and W Basin St. 3 year streetscape improvement project on Markley Street / Route 202 has been completed past this building. Improvements include new 2 way traffic roadways with parking bump-outs and new street lighting, sidewalks and landscaping. Property is grandfathered for industrial / warehouse use. This would make a great new mixed use, residential development site. Underlying zoning is R-2. With Special exception approval uses may include family day care home, Group homes, light manufacturing, assembly of finished products, administrative or professional offices, residential mixed use conversion, retail stores, personal service shops , house of worship, church & schools. Rear yard may accommodate up to 20 parking spaces. 20,000+ car traffic count on Markley Street. The property is walking distance to the Elm Street Train Station and Septa R6 line. Public transportation to King of Prussia. Minutes to King of Prussia Mall, I-76 and the Pennsylvania Turnpike.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning R2

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Fireplace N

Heat Source Natural Gas, Electric

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Waterfront N

Water Access N

Roof Type Flat,Pitched

Accessibility None

Road Frontage Boro/Township, State

Parking Type Parking Lot, On Street

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-23388-008

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Joseph F Leone • Coldwell Banker Realty
Bought with Non Subscribing Member • Non Member Office

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Stacie Nance

Agent | License ID: 5011001/RSR006430

+1(410) 245-5320

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